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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 14, 1933
Page
13
The new law restricting child labor raises adult hiring as firms replace young workers. While production costs rise for some industries, the overall economic impact favors greater labor participation by adults and long term productivity gains.
Silk costs more than doubled as dresses gowns negligees hosiery hats bed coverings and many silk products rise in all retail stores. Increased import costs shorter working hours and industrial codes drive the increases making present prices unlikely to be repeated.
In a domestic scene, a mother and father debate stocking up on clothing and furniture before costs climb. The father cites the New Deal and warns prices will rise, urging advance buying to save money as his company reports growing sales.
The San Antonio Light reports a General Johnson radio address urging readers to buy immediately to help sustain jobs and lift the economy, warning that higher wages will trigger higher prices soon. Some will stock up while others wait, with varying views on price increases and business recovery.
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